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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Singapore Dollar/Czech Koruna (FOREX:SGDCZK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SGDCZK Price Change
15.8975 15.9755 15.8830 15.9730 +0.0755
Entry Signal

MarketClub’s Trade Triangles for SGDCZK

long term down The long term trend has been DOWN since Sep 11th, 2018 at 16.007

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2018 at 16.141

short term up The short term trend has been UP since Sep 19th, 2018 at 15.955

Smart Scan Analysis for SGDCZK

Based on a pre-defined weighted trend formula for chart analysis, SGDCZK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGDCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.8975 15.9755 15.8830 15.9730 +0.0755
Prev. Close Volume Bid Ask Time
15.8975 15.9530 15.9930 2018-09-21 18:25:42
Want to analyze Singapore Dollar/Czech Koruna SGDCZK or another symbol? Try our Free Forex Trend Analysis Report.